CFA1 can acquire newly issued shares of CFA2 from CFA2;
CFA1 can purchase shares of CFA2 from another CFA (hereinafter the "disposing CFA") of CANCO; or
In other words, the same tax results would follow as though CANCO contributed share capital to CFA1 (as opposed to making an interest-free loan to CFA1).
Again, the tax results are the same as though CANCO contributed share capital to CFA1 (as opposed to making an interest-free loan to CFA1).
TABLE 1: DISTRIBUTIONS FOR ISB1, ISB2, ISB3, CFA1
AND CFA2 BEFORE AND AFTER STATISTICAL TRANSFORMATIONS (N = 280) ISB1 ISB2 M/SD Raw data 5.
When CFA2 earns income from an active business, the income derived by CFA1 from the income transfer payment received from CFA2 is generally deemed to be from an active business under clause 95(2)(a)(ii)(B) of the Act.
Clause 95(2)(a)(ii)(B), however, would seemingly not apply to re-characterize the transfer payment received by CFA1 from CFA2 as income from an active business because the transfer of such income from CFA2 must be considered deductible under Canadian (rather than German) rules in computing CFA2's active income.
They demand money ranging from either CFA1,000 or 20,000 cedis from those who have passports; those who don't surprisingly only need to pay CFA500.
A fellow traveller who had fallen to such deception recounts: "I agreed to pay them CFA1,000, then they took me to the border and collected all my money.
Before the Cote d'Ivoire crisis, rail traffic allowed the government to raise CFA1
One of the reasons for it is the poor financial state of the public sector, which itself, alongside other factors, contributed towards creating a CFA1
,000bn public internal debt.